I am not a fan of stimulus. It is a tremendous waste of money and it doesn't work. I have not enjoyed watch Canada's economic action plan, but I understand it was thrust upon us by the dippers and grits, who actually wanted more stimulus then and more stimulus now. I am glad HM PM Harper is steering away from such madness. Now its time to cut government spending even more!!
OTTAWA — Stephen Harper is a student of laissez-faire economics, and after five years of what some observers believe was iron-fist intervention, the prime minister appears to be returning to his instincts of letting an invisible hand guide the economy.
Harper's first six months with a majority in the House of Commons have been far less interventionist on economic matters than during his half-decade of minority rule, as the Conservative government rejects calls for more stimulus spending and maintains its stay-the-course approach despite increasing global turmoil.
At the same time, Harper and Finance Minister Jim Flaherty — emboldened by positive reviews about Canada from credit rating agencies and major economic institutions — have spent the first half year with a majority lecturing European leaders about the need to act decisively to rein in crippling deficit and debt levels in the eurozone.